Metso Outotec Corp (OUKPF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi everyone, it's Juha from Metsos Investor Relations and I want to welcome you all to this conference call where we discuss our second quarter and half year 2025 results which were published earlier this morning. Our president and CEO Sami Takalooma and CFO Pasi Kykling will walk you through the results and after that we will have time for your questions. During this call, we will be making forward-looking statements, and that's why we have the disclaimer in the first page of the presentation. And a reminder that this call will last approximately 60 minutes, so please keep that in mind when asking your questions so that we can accommodate as many questions and people as we can during this hour. With these remarks, I'll hand over to Sami. Please go ahead. Thank you Juha and welcome also from my behalf. Agenda is pretty much unchanged, so we will continue with that one first about the results. Second quarter of 2025 market activity in both of our segments. They were very much in line with our expectations and that also then resulted healthy order growth in a period. We were able to make 6% growth in the order books in reporting currencies and noteworthy is that in a constant currencies that is representing 10% growth from the currencies, especially the US dollar did have an impact on that direction in the second quarter. Then obviously very low profitability compared to the previous quotas. And that is due to two things, temporary higher costs, and they are very much linked for our ERP implementation in the phase three, which went live in the second quarter that represented 60% of the business inside the company. And as such, implementation has been a success and we are happy to get the benefits of the new ERP in the coming quarters. But the impact was that in order t...